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Questions and Answers
What was the revenue when the hotel had 2,100 occupied rooms at an Average Daily Rate (ADR) of $165?
What was the revenue when the hotel had 2,100 occupied rooms at an Average Daily Rate (ADR) of $165?
- $231,000
- $241,500 (correct)
- $105,000
- $346,500
If the hotel has 77% occupancy and an ADR of $150, what is the revenue generated?
If the hotel has 77% occupancy and an ADR of $150, what is the revenue generated?
- $116,700 (correct)
- $105,000
- $101,000
- $130,000
What is the Gross Profit when there are 2,310 occupied rooms and variable expenses are $50 per room?
What is the Gross Profit when there are 2,310 occupied rooms and variable expenses are $50 per room?
- $115,500
- $231,000 (correct)
- $105,000
- $346,500
If Net Profit is $111,500 and the fixed costs are $80,000, what is the Net Profit Margin Percentage?
If Net Profit is $111,500 and the fixed costs are $80,000, what is the Net Profit Margin Percentage?
When does a hotel 'break even' according to the information provided?
When does a hotel 'break even' according to the information provided?
In Scenario 1 mentioned in the text, how did the increase in occupancy affect the profit margin percentage?
In Scenario 1 mentioned in the text, how did the increase in occupancy affect the profit margin percentage?
What happened to the profit margin percentage in Scenario 2 as stated in the text?
What happened to the profit margin percentage in Scenario 2 as stated in the text?
How does a change in ADR impact the revenue of a hotel?
How does a change in ADR impact the revenue of a hotel?
What is the formula to calculate Gross Profit?
What is the formula to calculate Gross Profit?
When does a hotel achieve a zero profit as per the text?
When does a hotel achieve a zero profit as per the text?
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